Stanbic IBTC Holdings Plc, a prominent financial institution, has unveiled its half-year 2023 financial report. This report reveals a 121.46 percent increase in Profit After Tax...
The exchange rate gap between the official and parallel segments of the foreign exchange market has undergone a significant transformation, now standing at N150 per dollar,...
Lagos and Ogun states, two bustling regions in South-West Nigeria, are grappling with a renewed bout of fuel scarcity, causing distress among residents who must endure...
Gabon’s military has assumed control of the country following a tumultuous general election that has been marred by allegations of irregularities and fraud. The nation’s senior...
Market intelligence suggests that Bureau de Change (BDC) operators in Nigeria could be heading for a showdown with the Central Bank of Nigeria (CBN) due to...
As of August 30th, 2023, the dollar to naira exchange rate is 1 USD to 920 NGN at the black market. This means that for every...
Nigerian stocks surged to an all-time high on Tuesday, with the all-share index climbing 0.5 percent to an impressive 66,490.3 basis points. This record high can...
Oil prices saw a notable uptick on Tuesday, driven by a weakening dollar and mounting concerns about the potential impact of Hurricane Idalia on energy supply...
The Central Bank of Nigeria (CBN) has announced that it has repaid 85% of the Chinese yuan (CNY) borrowed from the currency swap agreement with China....
Nigerian crypto platform Patricia recently announced a strategy to compensate customers who were affected by a $2 million hack. This innovative approach hinges on the introduction...